What is Yield Basis (YB)?

Cryptocurrency

YieldBasis (YB) is a DeFi platform that enables users to earn income from transaction fees by providing their Bitcoin assets to automated market maker (AMM) pools. Its most notable feature is that it eliminates the risk of impermanent loss, which is commonly encountered in traditional liquidity pools.

What is YB Coin?

YieldBasis stands out as an innovative platform that evaluates Bitcoin liquidity in the BTC/crvUSD pool. Users who deposit BTC into the system receive ybBTC tokens in return. This token tracks the BTC price one-to-one while also providing a share of the transaction fees on Curve.

The platform maintains its position by preserving approximately a 50% value ratio with crvUSD provisioning, thereby aiming to minimise the impermanent loss risk seen in traditional AMM pools. Users can benefit from BTC-denominated value appreciation by holding ybBTC or access YB token rewards by staking their tokens.

YB token holders can participate in platform governance and benefit from revenue sharing by locking their tokens (andYB model). This structure makes the system attractive not only to liquidity providers but also to long-term supporters.

Who are the founders of the Yield Basis Project?

The founder of Yield Basis is Michael Egorov, founder of Curve Finance. Egorov launched the Yield Basis (YB) project with the goal of solving the problem of permanent loss, seen as one of the most critical risks faced by liquidity providers in the DeFi ecosystem.

Yield Basis (YB) Total Supply

The total supply of the Yield Basis token has been set at 1 billion YB.

What Makes the Yield Basis Project Unique?

Unlike traditional liquidity pools, Yield Basis uses a leverage mechanism and automatic portfolio balancing strategy to prevent impermanent loss. This enables users to more accurately track the actual BTC price movement, along with the transaction fees earned.

How to Buy YB Coin?

The first step to purchasing YB Coin is to open an account on a reliable cryptocurrency exchange. CoinTR stands out as one of the platforms where users in Turkey can easily conduct transactions. The purchase process can be completed by following these steps:

Register and complete your identity verification (KYC) process.
Deposit Turkish Lira (TRY) into your account.
Select the YB/USDT or YB/TRY trading pair from the Spot Trading section.
Enter the amount you wish to purchase and confirm the transaction.
The YB balance you have purchased will be reflected in your wallet.

CoinTR transforms the process of buying YB Coin into a fast and secure experience thanks to its user-friendly interface, advanced security infrastructure, low commission rates, and high liquidity.

Where Can You Buy YB Coin?

YB Coin can be easily purchased through CoinTR, a reliable cryptocurrency exchange operating in Turkey. Both beginners and experienced investors can quickly buy and sell YB Coin on the CoinTR platform in just three steps:

Sign up to the platform and complete the necessary identity verification steps.
Deposit TL balance to your account.
Easily buy or sell by selecting either the USDT or TRY trading pair.

With its structure compliant with Turkish regulations, CoinTR enables users to securely manage their YB Coin transactions.

How Does Yield Basis Work?

YieldBasis is a DeFi protocol that automatically manages Bitcoin liquidity and operates without requiring users to perform additional transactions. The system initiates the process simply by users depositing BTC, and technical steps such as portfolio management, borrowing, and adding liquidity are automatically executed by the protocol. This approach simplifies the process, ensuring the infrastructure is used efficiently.

When BTC is sent to the protocol, the user receives ybBTC, which represents their share in the system. YieldBasis borrows a certain amount of crvUSD based on the deposited assets, and these two assets are added to the BTC/crvUSD pool to create a position. The LP tokens obtained from the pool are also considered collateral by protocol, and the structure is automatically balanced.

The portfolio is protected so that half consists of BTC and half consists of the structure created against the borrowed asset. Thus, the system automatically maintains a position sensitive to changes in the price of Bitcoin. Users can evaluate their assets within the mechanism offered by the platform without manually managing all these processes.

YB Coin Review

According to comments shared by users on YB Coin forums, YB Coin is considered an asset that both enables participation in protocol governance and offers YB token rewards when staked. Some users who stake ybBTC state that, in addition to the rewards they receive, being able to participate in the ecosystem's governance processes is a significant advantage. Opinions on the forums vary regarding the system's long-term usage potential.

The Future of YB Coin

Yield Basis attracts attention by offering a mathematical solution to the temporary loss problem frequently encountered in the DeFi ecosystem. Thanks to this approach, the project is expected to attract significant user interest in the long term. Maintaining its decentralisation with a structure based on an arbitrage-focused automatic balancing system, the platform is considered a candidate for the liquidity infrastructure of the future thanks to its stable revenue model.

Users can easily conduct YB Coin transactions on CoinTR and closely follow the development of this new generation DeFi infrastructure.

2025-11-14

Legal Notice

The information, comments, and evaluations contained in this content do not constitute investment advice. This content is not intended to be prescriptive in any way and is intended to provide general information. It does not constitute investment advice. CoinTR cannot be held responsible for any transactions made based on this information or any losses that may arise.

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